Trade is an integral part of the total developmental effort and national growth of all economies including Bangladesh. It particularly plays a central role in the development plan of Bangladesh where foreign exchange scarcity...

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...into a country. It is a tax which is levied on imports across national boundaries or other geographical regions and exports in a few cases (Lv, 2000). Originally, applying tariffs was first based on financial purpose, so it is a regular but most significant source of fiscal revenue to governments. Generally, a country with strong economy and lying in an advantageous position tends to pursue a free trade policy. At that time, the principal function of tariffs is tax collection. By contrast, a country with weak economy and lying in a disadvantageous position tends to pursue policy protectionism. Under such circumstances, Tariff protection may become the most important or even major function to governments. So high tariffs will barrier the imported goods and hinder the development of internationaltrade. Moreover, with the heavy government intervention in the economy, tariff has been endowed with the function of economic regulation. Thus, tariffs have become an important macroeconomic policy. It follows that countries’ tariff level will directly affect their interests in the foreign trade. The essay argues that the government tariffs have a significant impact on imported goods in terms of changing their quantity, in addition to providing benefits to the national economy such as protecting domestic products and adjusting economic growth rate. Despite the disadvantages of tariffs on damaging customers’ interests and...

...Letter of Transmittal
January 2008
The Director
Center for Post Graduate Studies (CPGS)
Bangladesh Institution of Bank Management,
Mirpur-2, Dhaka.
Subject: Submission of the dissertation paper on “Growth of InternationalTrade & its financing in Bangladesh”.
Dear Sir,
With due respect I would like to draw your kind attention to the fact that preparing a dissertation paper & submitting it to the MBM office is an academic requirement for the partial fulfillment of the 6th Term MBM Program.
I have tried hard in preparing this dissertation and tried to make the report vivid and comprehensive within the constraints. I sincerely believe that it will serve the required purposes. I shall always be obliged to furnish any clarification regarding this dissertation, if required.
Sincerely Yours,
--------------------------
(Mukti Chakraborty)
MBM 10th Batch
Roll No.: 100616
BIBM
Acknowledgement
At the beginning, I would like to express my sincere gratitude to the God most merciful and beneficiary for empowering me conduct the report within scheduled time.
I would like to express my profound gratitude and wholehearted respect to my research Guide Dr. Toufic Ahmad Choudhury, Professor and Director, Center for Post Graduate Studies (CPGS), BIBM, Dhaka for his inspiring guidelines, valuable suggestions, constructive criticism and constant help throughout the research work and in...

...﻿The Function of InternationalTrade
In general, the function of international business is exchange of products, capitals and services from one nation to another nation, in short it is namely as export and import. Global trading gives consumer and countries an opportunity to expose the product and services which cannot derived in their own country. Internationaltrade enable a country to participate in global economy and it is also a good chance of Foreign Direct Investment (FDI) which that the individuals invest into foreign companies to raise their income. Malaysia is one of the countries which are participating in the internationaltrade. Malaysia is an open economy which have depends on external trade to achieve its economy growth (Yusoff, 2005). The World Bank Group has reported that the Gross Domestic Product (GDP) is value 303.53 billion US dollars in Malaysia and in year 2012, the real GDP grew 5.6%. To achieve the goals of the Economic Transformation Programme, Malaysia’s economy continued to grow in 2012.
Function of Malaysia in Export
Malaysia has an export oriented economy, due to the high quality and reliability, Malaysian products has a good reputation in external trade and it was admiration and respect from importing countries. Malaysia’s total trade in July 2013 amounted to RM118.59 Billion, increased by 5.3%...

...InternationalTradeTrade
Most economists believe in free trade - the movement of goods between countries in the absence of harsh restrictions placed upon this exchange.
The comparative cost principle is that countries should produce whatever they can make the most cheaply. Countries will raise their living standards and income if they specialize in the production of the goods and services in which they have the highest relative productivity: the amount of output produced per unit of an input (e.g. raw material, labor). Specialization is a situation that occurs when individuals or businesses produce a narrow range of products.
Countries can have an absolute advantage - so that they are the cheapest in the world, or a comparative advantage - so that they are only more efficient than some other countries in producing certain goods or services. This can be because they have raw materials, a particular climate, qualified labor (skilled workers), and economies of scale - reduced production costs because of large-scale production.
Balance of payments
Imports are goods or services bought from a foreign country. Exports are goods or services sold to a foreign country.
A country that exports more goods than it imports has a positive balance of trade or a trade surplus. The opposite is a negative balance of trade or a trade deficit. Trade in goods...

...﻿Seminar 1 InternationalTrade
What Is InternationalTrade?
February 25 2012| http://www.investopedia.com/articles/03/112503.asp
If you walk into a supermarket and are able to buy South American bananas, Brazilian coffee and a bottle of South African wine, you are experiencing the effects of internationaltrade.
Internationaltrade allows us to expand our markets for both goods and services that otherwise may not have been available to us. It is the reason why you can pick between a Japanese, German or American car. As a result of internationaltrade, the market contains greater competition and therefore more competitive prices, which brings a cheaper product home to the consumer.
What Is InternationalTrade?
Internationaltrade is the exchange of goods and services between countries. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events. Political change in Asia, for example, could result in an increase in the cost of labour, thereby increasing the manufacturing costs for an American sneaker company based in Malaysia, which would then result in an increase in the price that you have to pay to buy the tennis shoes at your local mall. A decrease in the cost of labour, on the other...

...﻿
In the Certificate IV in InternationalTrade course, you have been looking at the processes and procedures for importing and exporting goods. In this assignment, in a small group, you will prepare all of the business documents to export the 20 foot container of soccer balls from Brazil to South Korea you researched in BSBINT407B. Prepare business advice on export Free on Board Value.
Goods to be Transported
Soccer ball
Soccer ball : 24 inch / 13 ounces / made in Brazil
Buyer : ABC Ltd Pty in Korea /Seller :DEF Export Ltd Pty in Brazil
Unit Price = FOB Ulsan Per Set 121,200,00(BRL)
Quantity : 100
Remarks
Orin: Australia
Supplier: DEF Export.Ltd pty
Packing: Export standard packing
Shipment: Within 30 days after receipt of Lettter of Credit
Inspection: Ours to be final
Payment: By an Irrevocable Letter of Credit in our favor
Validity: By end of ,2014
Method of Transport
By Ship
Air -Air transport is the second fastest method of transport, . Aviation is able to quickly transport people and limited amounts of cargo over longer distances, but incur high costs and energy use; for short distances or in inaccessible places
Water -Water transport is the process of transport that a watercraft, such as a ship , makes over a body of water, such as a sea, ocean, lake, canal or river.
1.Cheapest traffic means
2.Most important in security of nation
3.Plays important role in international...